Arkansas Pharmacy with Local Monopoly (37729)
RetailFor Sale in AR
Financial & Assets Details
About the Business
Located in Western Arkansas with proximity to a hospital, retail pharmacy provides prescription and nonprescription drug medication, vaccines, vitamins, clinical testing supplies and related products to clients. Open since 2006, listing signed up with Medicare to start billing for flu shots, fulfills 120 prescriptions a day and also offers other miscellaneous items such as snacks, gift cards, clothing and gifts, orthotics, herbal essential oils, etc. With a strong local reputation, the business will continue its quality-focused operations the seller, a licensed pharmacist, stays for an extended period. Found in excellent condition, the retail space is a 10,000 square foot facility that features 7,000-sq. ft. of production and storage space, while the rest is used as a spacious over-the-counter storefront area. Situated on an ample lot, the commercial property is able to handle extra capacity and is leased; real estate can also be purchased outside of asking price, contact IAG for info. Having used print methods in the past and maintaining a social media presence for self-promotion, marketing efforts center on verbal referral sources, effectively backed by their large and recurring customer base. Several growth opportunities exist for the company including reaching out to local nursing homes. Benefitted by a monopolizing advantage, Total Revenues for 2021 reached $1,770,643 alongside Seller Discretionary Earnings of $230,674 and EBITDA amounts of $129,474, based on an independent evaluation! Owner willing to remain on part-time bases!
Negotiable up to 20% for the right buyer.
Leased property is available for separate purchase!
Support & Training
Extended Owner Transition Period.
Reason for Selling:
Approaching retirement and/or pursuing other interests.